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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Tommaso who wrote (112883)	3/27/2008 10:14:16 AM
From: DebtBomb	Read Replies (1) \| Respond to of 306849

Tomasso, I heard it. It was when he testified before the Senate Banking Committee. Someone asked Bernanke, "how many?" He answered, maybe 100. If he says 100, I say 1000, maybe more. Just my opinion based on what I understand about debt and debt bubbles. Federal Reserve Chairman Ben S. Bernanke said yesterday some smaller banks will probably fail and unemployment will rise, fueling concern that a recession is inevitable. bloomberg.com Google: Bernanke Bank Failures, maybe you can find the exact quotes.